As inflation rages on, consumers are looking for value in today’s market. This is particularly true when it comes to dining out and food choices. Luckily, our latest Best Dividend Protection Stocks Model Portfolio pick’s focus as a leader in value has helped its see rising sales and supporting its dividend with a monster 10.1% increase! Investors can tap that opportunity before the stock goes ex-dividend on Wednesday, November 30, 2022, with a regular quarterly dividend of $1.52 per share!
The secret sauce continues to be its massive size. As one of the largest restaurant chains in the world, our pick has been able to use its scale to help keep margins as high as possible. Meanwhile, its franchise-heavy model and ability to pass on slight price increases to consumers/franchises have helped its bottom line.
At the same time, sales continue to rise as demand for value choices has increased in the high inflationary market. Add in a dose of winning promotions and partnerships and you have a recipe for success.
In addition to our restaurant name stock, we have increased our positions in five other current picks while taking profits and reducing exposure on five other names.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
